Posts

Incorporate company Services in Singapore

Image
For many years, a lot of entrepreneurs and business owners choose to incorporate company in Singapore because of its wide array of benefits. It has a strategic position, modern and state-of-the-art infrastructures, and a multi-cultural workforce. It also holds the ranking of one of the world’s easiest places to do business. The country has a robust economy and is able to maintain low inflation while having a very low unemployment rate. Here are more reasons why Singapore is a great place for incorporating a company:           Singapore has a great geographic location serves as a gateway to major economic countries in the world. In fact, the world-class Changi Airport is one of the busiest in the world which caters to around 20 million passengers each year.             The tax system in Singapore is simple and rational. They do not collect tax on dividends or capital gains from a business.            Foreigners are allowed to completely own the stocks of a Singapore incorpo
Post a Comment
Read more

Incorporating Company in Singapore

Image
Incorporating company Singapore is an attractive choice for many entrepreneurs. Singapore is rated as the top in the world for ease of doing business with a robust economy. It is the number one foreign investment destination in Asia with no red-tape and corruption as the rule of law prevails in the country. There are also low taxes while capital gains and the dividend is not taxed. Knowing the key requirements for company incorporation in Singapore is crucial before starting the process. If you plan to incorporate, there are things you must prepare beforehand. You must have at least one director of the company who is a local resident in Singapore and at least 18 years of age. At least one shareholder is required. A company can have up to a maximum of 50 shareholders. Foreigners can hold full ownership of the company. A minimum of $1 shared, paid-up capital is also a requirement which can be increased. Every Singapore company must have at least one local resident secretary as per S
Post a Comment
Read more

Bookkeeping Services Fee in Singapore

Image
Bookkeeping services Singapore is essential for many businesses whether it is big or small. It is an integral accept that can cause financial mismanagement which can lead to business failure when the company has erroneous or weak accounting books and records. There are various benefits of doing bookkeeping for your business. First of all, it streamlines the cash flow management which is crucial for ensuring a proper financial analysis and management. This ensures invoices are completed on time, customer payments are followed up, on-time payments for suppliers. It is also helpful in fulfilling your tax obligations by accomplishing your annual taxes. Documents are organised so it will be easy to retrieve when looking for certain information like bills and expenses. Another reason is it makes reporting your financial status to your investors is made easier using relevant graphs, charts, and lists. It is also important for business planning because it lets you keep track of your finan
Post a Comment
Read more

Accounting Services Provider in Singapore

Image
Accounting Services Provider in Singapore is an essential aspect to look into for your business. Companies must have financial reports created according to the industry standard. It is also essential in reviewing whether the business operations are efficient or not. The data it provides contribute to making informed business decisions for the owners and managers to stimulate company growth. Accounting refers to the interpretation, classification, analysis, reports, and summarisation of an organization’s financial data. Accountants are qualified professionals who are responsible for analysing all financial transactions of the business through financial statements and business reports. They follow certain accounting requirements, principles, and standards. They report the company’s financial health and performance using their analysis and interpretation of the financial data they gathered. This is used by company leaders and owners strategise and plan for the company. B
Post a Comment
Read more